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Retail

  • Spring Budget 2024: Transport for London in ‘terminal decline’ if new cash not forthcoming

    February 29, 2024

    As the Spring Budget looms, London's real estate sector has launched fresh calls for a long-term funding package for Transport for London.

  • Spring Budget 2024: Hospitality bosses urge Government for more relief before ‘doing irreversible damage’

    February 29, 2024

    Ahead of the Spring Budget, bosses across the UK’s troubled hospitality sector are piling fresh pressure on Chancellor Jeremy Hunt to provide greater relief before “doing irreversible damage”. 

  • House sales on the rise despite steady uptick in mortgage rates

    February 29, 2024

    House sales continued to tick upwards in February, as market confidence appears to be unshaken by lenders increasing their mortgage deals.

  • Just Eat Takeaway upbeat as margin growth in UK and Ireland business helps lift earnings

    February 28, 2024

    Just Eat Takeaway traded ahead of expectations during the full year, despite dwindling demand at its North American arm. 

  • Losses neared £70m at group behind kitchen maker Magnet due to cost-of-living crisis

    February 28, 2024

    Almost £70m was lost by the group behind kitchen maker Magnet after being hit by "unprecedented" inflation, "elevated" energy prices and "notably subdued markets" due to the cost-of-living crisis.

  • Boodles: Demand for the most expensive jewellery helps sales pass £100m

    February 28, 2024

    Demand for the most expensive luxury jewellery helped sales pass £100m at Boodles during its latest financial year.

  • Shares in Durex maker Reckitt flop as firm misses expectations

    February 28, 2024

    Shares in Durex condom maker Reckitt Benckiser have flopped over nine per cent after the firm missed analyst expectations and revenues showed signs of slowing. 

  • Halfords issues another profit warning as demand for cycling falls flat

    February 28, 2024

    Halfords has issued another profit warning as the cycling and motoring retailer continues to be impacted by a “weakening” demand for its goods. 

  • eBay surges nearly four per cent as earnings beat estimates

    February 28, 2024

    The shares of e-commerce giant eBay surged nearly 4% in extended trading sessions after it exceeded market expectations for both quarterly revenue and profit, largely driven by strong consumer spending during the holiday period. 

  • Mango: Fashion giant creates 150 UK jobs as sales and profit jump

    February 27, 2024

    The UK arm of fashion giant Mango created almost 150 jobs as its sales and profits jumped during 2023, new figures have revealed.

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